Alamos Gold Inc. (AGI) Given Average Recommendation of "Hold" by Brokerages

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02 July, 2017

AGI has been the topic of several other research reports. The company has an average rating of "Hold" and a consensus price target of $11.18.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Alamos Gold Inc. (AGI) is a part of Basic Materials sector and belongs to Gold industry. Royal Bank of Canada reaffirmed a "hold" rating and issued a $9.00 target price on shares of Alamos Gold in a research report on Wednesday, May 24th. Finally, ValuEngine lowered Alamos Gold from a "hold" rating to a "sell" rating in a research note on Tuesday, June 6th. Bbva Compass Bancshares Inc. increased its stake in shares of Alamos Gold by 27.2% in the first quarter. The company's 50-day moving average is $9.08 and its 200-day moving average is $9.82. During its last trading session, Stock traded with the total exchanged volume of 2.56 million shares.

Analysts' mean recommendation for Alamos Gold Inc.

Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its quarterly earnings data on Thursday, May 4th.

While having a peek at profitability ratios Alamos Gold Inc (NYSE:AGI) has trailing twelve month gross margin at 0%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%.

Average Revenue Estimate for the current quarter is $123.64 Million, according to consensus forecast of 2 analysts. During the same period previous year, the business posted $0.04 earnings per share. The company's revenue for the quarter was up 16.0% compared to the same quarter a year ago. On average, equities research analysts predict that Alamos Gold will post $0.06 EPS for the current fiscal year.

Swiss National Bank raised its stake in Alamos Gold Inc. "(AGI) Receives Average Recommendation of "Hold" from Brokerages" was originally reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this piece on another website, it was stolen and republished in violation of United States & global copyright legislation. The correct version of this piece of content can be accessed at https://sportsperspectives.com/2017/06/18/jpmorgan-chase-co-raises-stake-in-alamos-gold-inc-agi.html. Comerica Bank boosted its position in shares of Alamos Gold by 1.6% in the first quarter. AlphaOne also gave headlines about the basic materials company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. Trexquant Investment LP purchased a new stake in shares of Alamos Gold during the fourth quarter valued at approximately $141,000. Exane Derivatives now owns 115,738 shares of the basic materials company's stock worth $929,000 after buying an additional 5,582 shares in the last quarter. The company was upgraded on Thursday, August 13 by Scotia Capital. World Asset Management Inc boosted its position in shares of Alamos Gold by 0.4% in the first quarter. The fund owned 496,621 shares of the basic materials company's stock after buying an additional 57,300 shares during the period. Earnings surprises can have a huge impact on a company's stock price.

Alamos Gold Inc.is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company owns and operates the Mulatos Mine, as well as the Esperanza, Agi Dagi, Kirazli and Camyurt gold development projects.


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